Tag: Financial performance
Warren Buffett’s firm reports $12B profit before its meeting
OMAHA, Neb. — Warren Buffett's company reported a nearly $12 billion profit in the first quarter a year after a major loss when the...
Exxon posts $2.7B quarterly profit after unprecedented year
NEW YORK — Exxon Mobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions.
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Americans hungry for Burger King, sales improve in Q1
Restaurant Brands International, the parent company of Burger King, saw its sales climb in the first quarter to top Wall Street's view as Americans...
Amazon’s profit more than triples as pandemic boom continues
NEW YORK — Amazon’s pandemic boom isn’t showing signs of slowing down.
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Twitter post solid Q1 results but outlook sinks stock
Like its bigger tech peers, Twitter posted stronger-than-expected results for the first quarter on Thursday. But its lukewarm outlook sent shares tumbling after hours....
Samsung reports profit jump on smartphone, TV sales
SEOUL, South Korea — Samsung Electronics said Thursday its operating profit for the last quarter jumped 46% from a year earlier driven by increased...
Nokia profit soars on buoyant sales for 5G technology
HELSINKI — Wireless network maker Nokia on Thursday reported substantially improved, better than expected first-quarter profit on buoyant sales of its new generation 5G...
Widespread infections early in the year weigh on Merck Q1
KENILWORTH, NJ — COVID-19 infections weighed Merck with so many people avoiding visits to hospitals or even the doctor early in the first quarter....
Caterpillar 1Q sales rise as dealers boost inventory levels
Caterpillar's sales rose in the first quarter as market conditions for the machinery company begin to improve and dealers increase their inventory levels.
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McDonald’s sales soar on strong US demand
As America emerges from the pandemic, it's heading to McDonald's.
The...